First Bancorp
FNLC
59 hedge funds and large institutions have $101M invested in First Bancorp in 2018 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 17 increasing their positions, 15 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
13% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 15
7% more funds holding
Funds holding: 55 → 59 (+4)
5% more capital invested
Capital invested by funds: $96.1M → $101M (+$4.93M)
1.44% more ownership
Funds ownership: 31.83% → 33.27% (+1.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PMG
ProVise Management Group
Clearwater,
Florida
|
+$879K |
| 2 |
BlackRock
New York
|
+$753K |
| 3 |
Renaissance Technologies
New York
|
+$585K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$533K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$516K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HPC
HM Payson & Co
Portland,
Maine
|
-$447K |
| 2 |
Bank of New York Mellon
New York
|
-$103K |
| 3 |
Morgan Stanley
New York
|
-$101K |
| 4 |
TCIM
TIAA CREF Investment Management
New York
|
-$80.9K |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
-$53K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
BNP Paribas Financial Markets
Paris,
France
| $9.65K | -$53K | -1,855 | -84% |
|
|
FHA
52
Flagship Harbor Advisors
Boston,
Massachusetts
| $7K | +$7.14K | +250 | New |
|
53
Bank of Montreal
Toronto,
Ontario, Canada
| $6K | +$2.06K | +72 | +52% |
|
54
Canada Life
Winnipeg,
Manitoba, Canada
| $5K | -$114 | -4 | -2% |
|
55
SEI Investments
Oaks,
Pennsylvania
| $5K | +$4.85K | +170 | New |
|
|
PIA
56
Piedmont Investment Advisors
Durham,
North Carolina
| $5K | +$5.03K | +176 | New |
|
|
PCG
57
Private Capital Group
West Hartford,
Connecticut
| $2K | – | – | – |
|
|
PMG
58
ProVise Management Group
Clearwater,
Florida
| $869 | +$879K | +30,800 | New |
|
|
RA
59
Royce & Associates
New York
| – | -$8K | -291 | Closed |
|
|
PCM
60
Prelude Capital Management
New York
| – | -$3K | -120 | Closed |
|
FNLC Hedge Fund Activity: Q2 2018 in Review
59 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FNLC) for Q2 2018, worth a combined $101M — up 5.1% from $96.1M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FNLC positions and 2 closed out — a net gain of 4 holders — while 17 added to existing stakes and 15 trimmed.
The largest buyer was ProVise Management Group, opening a new position worth an estimated $879K. The largest seller was HM Payson & Co, cutting an estimated $447K.
- 59 institutional investors held First Bancorp (FNLC) as of Q2 2018, up from 55 in Q1 2018.
- Funds reported $101M of First Bancorp stock for Q2 2018, up 5.1% quarter-over-quarter.
- 6 funds opened new First Bancorp positions in Q2 2018 and 2 closed out, a net change of +4 holders.
- The largest First Bancorp buyer in Q2 2018 was ProVise Management Group, an estimated $879K added.
- The largest First Bancorp seller in Q2 2018 was HM Payson & Co, an estimated $447K sold.
Based on aggregated 13F filings for Q2 2018.